Google Profits Exceed Expectations, Up 69 Percent

Share

Google Profits Exceed Expectations, Up 69 Percent

More bad news for Yahoo!, Microsoft and the rest of the haters: Google’s first quarter profits grew by 69 percent! Specifically, Google’s profit for the period went from $592.3 million to $1.0 billion. The company attributes most of the surge to improvements in its advertising business. I guess now we know why Schmidt seemed so spunky during his conversation with Battelle earlier this week (see the video here).